Southern Airways Express seeks dismissal of Marianas lawsuit

Source: ch aviation Read more: Southern Airways Express seeks dismissal of Marianas lawsuit

By | September 20th, 2024|Financial|0 Comments

Congo Airways hangs onto certification

Source: ch aviation Read more: Congo Airways hangs onto certification

By | September 19th, 2024|Financial|0 Comments

Brazil’s Azul eyes capital raise in 1H25

Azul Linhas Aéreas Brasileiras (AD, São Paulo Viracopos) is looking to place a private offering at some point between the first and second quarters of 2025, according to a report by the Brazilian media outlet Valor. However, for the carrier to be able to place this offering, it would have to emerge from its current [...]

By | September 19th, 2024|Financial|0 Comments

Alaska Air Group completes acquisition of Hawaiian Holdings

Alaska Air Group completed the acquisition of Hawaiian Holdings on September 18, the company announced, “marking the beginning of a partnership” that will maintain the Alaska Airlines, Hawaiian Airlines, and Horizon Air brands as separate entities. Following the acquisition, Alaska Air Group paid approximately USD1 billion to Hawaiian's shareholders and other equity holders, funding the [...]

By | September 19th, 2024|Financial|0 Comments

US’s World Atlantic Airways to move to an A320 fleet

Source: ch aviation Read more: US’s World Atlantic Airways to move to an A320 fleet

By | September 19th, 2024|Financial|0 Comments

Burundi MPs challenge $172K spending on idle aircraft

Source: ch aviation Read more: Burundi MPs challenge 2K spending on idle aircraft

By | September 19th, 2024|Financial|0 Comments

SpiceJet's ₹30bn capital raising oversubscribed – report

The recently launched INR30 billion rupee (USD358.5 million) capital raising at SpiceJet (SG, Delhi International) is already oversubscribed, sources have told the Times of India. The low-cost carrier released the preliminary placement document (PPD) for the raising earlier this week, and the insiders said there is "strong investor confidence in the airline and in its [...]

By | September 19th, 2024|Financial|0 Comments

Iberia moves forward A321neo(XLR) debut

Iberia (IB, Madrid Barajas) has brought forward its A321-200NY(XLR) debut, which is now set to take place on October 26 between Madrid Barajas and London Heathrow. As launch customer of the new Airbus extra-long-range narrowbody, the Spanish carrier will deploy the XLR on six crew training flights from Madrid to London between October 26 and [...]

By | September 19th, 2024|Financial|0 Comments

Airlines applaud Sweden's move to abolish air ticket tax

The International Air Transport Association (IATA) has welcomed the Swedish government's decision to scrap the country's air ticket tax effective July 1, 2025, saying it was detrimental to Sweden's economic competitiveness without providing any environmental benefits. The tax was introduced in 2018 and ranged from SEK76 kronor (USD7.49) to SEK504 (USD49.72) per ticket, depending on [...]

By | September 19th, 2024|Financial|0 Comments

airBaltic CEO mulls London for dual-listing IPO

The CEO of airBaltic (BT, Riga) has told a London newspaper that he is considering a secondary listing in the United Kingdom alongside a primary listing on the Nasdaq Riga exchange. The state-owned carrier is looking to raise around EUR300 million euros (USD334 million) from the IPO, which is slated to occur later this year [...]

By | September 19th, 2024|Financial|0 Comments